What is the GDP of Costa Rica?

Costa Rica's GDP is approximately $95.4 billion USD. The GDP growth rate is 4.3%.

What is the population of Costa Rica?

Costa Rica has a population of approximately 5.1 million people. The population growth rate is 0.5%.

What is the inflation rate in Costa Rica?

The inflation rate in Costa Rica is -0.4%.

What is the unemployment rate in Costa Rica?

The unemployment rate in Costa Rica is 6.8%.

What is the GDP per capita of Costa Rica?

Costa Rica's GDP per capita is approximately $18,587 USD.

Is Costa Rica a good country to invest in?

Costa Rica has an investment score of 60/100, classified as "Moderate" risk. Key sectors include Tourism, Technology, Agriculture. Credit rating: NR.

How open is Costa Rica's economy to trade?

Costa Rica's trade openness (trade as % of GDP) is 71%. Exports total approximately $36.7B and imports $31.3B.

How much foreign investment does Costa Rica attract?

Foreign direct investment (FDI) in Costa Rica is 5.6% of GDP. This indicates strong foreign investor interest.

What are the main economic sectors in Costa Rica?

Costa Rica's economy is composed of services (69% of GDP), industry (20% of GDP), and agriculture (4% of GDP).

Can I start a business in Costa Rica as a foreigner?

Costa Rica offers various options for foreign entrepreneurs. Visit our business setup guide for Costa Rica for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Costa Rica's economy growing?

Costa Rica's GDP growth rate is 4.3%. This is above the global average, indicating strong economic momentum.

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Costa Rica Economy Overview

Name: Costa Rica Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Latin America & CaribbeanUpper MiddleCapital: San JoseCRI

Moderate

Growing

95.4B USD

GDP (Nominal)

Growing at 4.3%

$18,587

GDP Per Capita

High income level

5.1M

Population

+0.5% annual growth

Stable

-0.4%

Inflation

Price stability

71%of GDP

Trade Openness

Strong

5.6%of GDP

FDI Inflows

Public Debt

High

6.8%

Unemployment

Surplus

+$5.4B

Trade Balance

GDP

Billion USD, nominal

$95.4B

2024+8.9B

GDP Growth

Annual %

4.3%

2024-0.8%

Inflation

Consumer prices, annual %

-0.4%

2024-0.9%

Population

Millions

5.1M

2024+0.0M

Economic Structure

Services69%

Industry20%

Agriculture4%

Investment Score Breakdown

Economic Health (30%)58

Political Safety (25%)68

Business Climate (20%)62

Financial Strength (15%)52

Growth Potential (10%)55

Key Sectors

Tourism

8.5% of GDP

growing

Technology

7% of GDP

growing

Agriculture

5.5% of GDP

stable

Medical Devices

6% of GDP

growing

Should I Invest in Costa Rica?

HoldSetup: ComplexROI: Moderate

Costa Rica scores 60/100 on the NationsData Investment Index, rated "Moderate". Growth is healthy at 3.8%. Business setup takes approximately 56 days with a corporate tax rate of 30%.

Investment Score60/100

GDP Growth3.8%

Inflation1.8%

FDI/GDP4.5%

Public Debt62%

Political Stability0.5

Corporate Tax30%

Ease of Business#74

Strengths

+Good political stability and rule of law
+Healthy GDP growth at 3.8%
+Low inflation (1.8%) - stable pricing environment
+100% foreign ownership allowed - no local partner required

Risks

-Very slow contract enforcement (852 days) - use arbitration clauses

Also Consider

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Same region, similar income level

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